REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Kim Marion

[email protected] +1(401) 692-1644

$ 675,000

Est. payment -/mo

Save

New

123 Laban ST Providence, RI 02909

8 Beds

3 Baths

2,322 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,322 sqft

Price per Sqft $290

Subdivision Silver Lake

MLS Listing ID 1418001

Bedrooms 8

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,322

Year Built 1900

Annual Tax Amount $3,515

Tax Year 2026

Lot Size 4,342 Sqft

Acres 0.0997

Property Sub-Type Multi Family

Property Description

Welcome to 123 Laban Street. Ideal for investors seeking robust cash flow or owner-occupants looking to offset their mortgage in a highly competitive rental market. This multi-family has been meticulously maintained and upgraded by the current owner, ensuring low capital expenditures for years to come while leaving room to build equity. The second and third floors are recently renovated and are currently generating strong market rents. The first floor offers opportunity for cosmetic updates that will force appreciation, and maximize the rent roll. The partially finished basement offers more usable space on the property. Recent updates include new vinyl siding, new gutters, two new water tanks, a 6-camera surveillance system and a repaved driveway offering plenty of off street parking. The young roof was replaced by the previous owner in 2019. This one checks all the boxes!

Location

State RI

County Providence

Community Silver Lake

Zoning R-2

Rooms

Basement Exterior Entry, Full, Interior Entry, Partially Finished

Interior

Heating Baseboard, Gas, Other

Cooling None

Flooring Carpet, Ceramic Tile, Hardwood, Vinyl

Fireplaces Type None

Inclusions Property taxes reflect homestead exemption. Otherwise, the property taxes are $6, 518.40

Fireplace No

Appliance Gas Water Heater

Exterior

Community Features Highway Access, Near Schools, Public Transportation, Shopping

Utilities Available Sewer Connected

Total Parking Spaces 6

Garage No

Building

Sewer Connected, Public Sewer

Water Connected, Public

Structure Type Drywall,Other

New Construction No

Others

Senior Community No

Tax ID 123LABANSTPROV

Listed by Circle 100 Real Estate

NEARBY SCHOOLS & PROPERTIES

Kim Marion

GLOBAL ADVISOR, REALTOR | License ID: RI 0042828 & MA 1000591

+1(401) 692-1644

GET MORE INFORMATION

Name

Email*

Phone*

Message

I agree to be contacted by Bristol Branding Group, LLC via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy